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1907 January 29 Tuesday - at [[B??]] 20
Eve Post New York
15 Nov 1906

a redemption Fund-Special Committee appointed to Draft a Bill for Presentation to Congress.

Washington, November 15,--What are expected to be the final sessions of the currency committee of the American Bankers' Association and the New York Chamber of Commerce were held to-day. The bankers have evolved a plan for the automatic expansion and contraction of the currency which they will urge upon the consideration of Congress at its coming session. They say they have gone over the question very carefully and that their decision in unanimous.
  To-day the full committees formally adopted the report of a sub-committee appointed yesterday to put into shape the principles which are to govern the proposed legislation. These will be formally reported to the American Banking Association as the action of its currency committee. As generally understood, the plan agreed upon provides for the issue of general credit notes by banks in times of financial stress, the imposition of a tax for the privilege of remitting the currency and the establishment of a redemption fund to meet the obligations of failed banks. 
  A special committed was appointed to draft a bill for currency reform for presentation to Congress which will embody the ideas expressed in the resolutions adopted to-day. this committee consists of A. B. Hepburn of New York, James B. Forgan of Chicago, and John L. Hamilton of Hoopeston, Ill. The members will confer with Chairman Fowler of the House Currency Committee, Comptroller Ridgely, and other Treasury officiels, while engaged in the preparation of the measure. 

$300,000 BLAZE AT STAMFORD.

Serious Outbreak in the Factory Section of the City.

STAMFORD, Conn., November 15,--A fire which caused a loss of $300,000 occurred to-day in the factory plant of T.B. Smart, in lower Pacific Street. The cause of the fire is not definitely determined, but it obtained such ehadway in a brief time that the firemen were unable to check it before great damage had been done. The Atlantic insulated Wire Cable Company places its loss upon machinery and stock at $225,000. 

TROOPS BEHAVING WELL.

Major Penrose Fears No Trouble from Discharged Colored Men.

OKLAMHOMA CITY, Okla., November 15,--Officers at Fort Reno, near here, are awaiting further instructions before beginning the actual discharge of the three companies of negro soldiers recently ordered dismissed from the service for their connection with the Brownsville, Tex., riot. Major C. W. Penrose, commanding the post at Fort Reno said to-day: 
"The troops have not been discharged nor will they be to-day. I am waiting for the arrival of the paymaster and for further instructions from Washington. I fear no trouble when the troops are discharged. Since arriving here from Brownsville, this battalion has been in close confinement and during all that time there have been but five court - martials for leaving the fort. No other battalion could have a record like this." 

EXPENSES OF CANDIDATES.

 Certificates Filled by Messrs. Lewis Mayer, and Hauser.

ALBANY, November 15,--Certificates of election expenses filed to-day with the secretary of State included those of: 
Merton E. Lewis Republican candidate of State comptroller, $1,132.21. 
Julius M Mayer, Republican candidate for attorney-general, $,1578.50.
Julius Hauser, Democratic and Independence League candidate for State treasurer, $237.50.

PATROMAN ANGLIN TRIED

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Leo Stevens, New York: [???] T. Todd, Amherst College; Harry St. George Tucker, president Jamestown Ex-[???] Company, Norfolk: Count Henri [???] Faulk. Paris, France: Charles D. [??lcott,] Geological Survey, Washington: Norville Wright, Dayton, O,: Wilbur Wright, Dayton, O,: Albert Francis Zahm, [???] University of America. Washington Charles Walsh, Mt, Vernon, N. Y.
An executive committee was first appointed and then in the order named committees on the following: Advisory, technical, concessions, buildings and grounds, meteorological, publicity, and foreign correspondence. [???]


Banner [[??]] Nashville Tenns. [[?]]
14 Nov 1906.

CLOUDS WILL BE THICK WITH FLYING MACHINES

SANTOS-DUMONT PREDICTS THEY WILL BE MORE COMMON THAN AUTOMOBILES OR BICYCLES, IN ADDITION TO BEING SAFER, FASTER AND CHEAPER-NEXT YEAR PEOPLE WILL BE ABLE TO GO TO THE SEASHORE IN THEIR AEROPLANES-BROKEN RUDDER ONLY DANGER TO BE GUARDED AGAINST-RECENT SUCCESSFUL FLIGHT.

By Associated Press.
Paris, November 14.-Santos Dumont, since the successful flight of his aeroplane, "The Bird of Prey," talks enthusiastically of the early approach of the day when all mankind will be navigating the air and when flying machines will be more common than automobiles. Indeed, he thinks that the flying machine will eventually become the "poor man's" automobile, be safer, faster and cheaper. In an interview he said:
"The machine I am experimenting with is very large, having a surface of eighty square metres, but the practical aeroplane which will be for the air what the democratic bicycle is for the earth, will be much smaller. With ordinary flying machines it is necessary to increase the size in order to increase the power.

Can Be Reduced.

"With the aeroplane, on the contrary, speed will be increased in direct proportion to the diminution of the resistance surface. My present aeroplane was intentionally built large to overcome main obstacle as to principles. But with increased power, which means speed, the size can be reduced. At the same time increased speed adds to the safety, as a powerful motor is more easily manipulated. We can, therefore, look forward to a practical aeroplane which can be comfortably housed in every home.

"From the standpoint of maintenance, the cost both of petroleum and repairs, the aeroplane will be much less expensive than the automobile car. There will be no expensive tires to burst and no bad roads to jolt. There will be no collisions. Next year people will be able to go to the seashore on their aeroplanes. It will become the fad and the commencement of a new industry."

"What of the danger?"

Little Danger.

"The only danger would be the risk of a broken rudder, and I cannot see that a rudder could break itself. The aeroplane is immobility itself. The swerving which made me descend on October 23 can be easily rectified by a second rudder to counteract any tendency in that direction. The practical difficulty, while the matter remains in the experimental stage, would of course be how to control the supplementary rudders while the hands are otherwise engaged. My intention is to maintain the equilibrium by instinctive movement about the head. Later this primitive arrangement will be replaced by an automatic mechanical apparatus. When the automobile was first introduced the man in the street treated those who had the temerity to operate them as madmen, never anticipating the day when the fashionable thoroughfares of every big city would be crowded with automobiles filled with nurses and newly-born children. Men will drive aeroplanes as they now drive automobiles. There will be a short apprenticeship, but that can be done on terra firma. In brief, the day is not far distant when the aeroplane, as a means of locomotion, will replace in the air the bicycle on the earth."

Transcription Notes:
Article clipping is cutoff after header: PATROLMAN ANGLIN TRIED.